The website of the Austrian Courier newspaper reported on July 7 that the International Energy Agency (IEA) report pointed out that China’s share of the global solar module market has exceeded 80%. Euro), ten times that of Europe, and the top ten leading PV companies are all located in China. IEA Secretary-General Fatih Birol said that China's large-scale investment has reduced the global cost of photovoltaic power generation by 80%, but it has also caused a high degree of dependence. The high geographical concentration of the global supply chain poses potential challenges. According to the current investment, China will It will soon reach 95% market share in key raw materials, especially raw material polycrystalline, which is currently in short supply.
According to IEA estimates, in order to achieve the goal of renewable energy transition, solar panel production capacity needs to double by 2030, new investment in the industry will reach 120 billion US dollars, and the number of employees will double to 1 million. If the rest of the world invests more and broadens supply chains, it will bring greater opportunities.
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